Global Powers of Retailing 2018 Transformative Change, Reinvigorated Commerce Where Learning Happens

Total Page:16

File Type:pdf, Size:1020Kb

Global Powers of Retailing 2018 Transformative Change, Reinvigorated Commerce Where Learning Happens A supplement to STORES Magazine January 2018, Section 2 Global Powers of Retailing 2018 Transformative change, reinvigorated commerce Where learning happens The retail workforce is changing D2L’s learning experience platform helps prepare and engage your transforming workforce. It provides a personalized learning experience, leadership development, and peer-to-peer knowledge sharing by leveraging content creation and curation, video, and social assessment. Find out how at D2L.com/retail Drop by booth #1136 The D2L family of companies includes D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, and D2L Brasil Soluções de Tecnologia para Educação Ltda. All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks. Global Powers of Retailing 2018 | STORES/January 2018 Contents Retail trends: Transformative change, reinvigorated commerce G4 Global economic outlook G7 Top 10 highlights G10 Global Powers of Retailing Top 250 G12 Geographic analysis G19 Product sector analysis G22 New entrants G25 Fastest 50 G26 Study methodology and data sources G30 Endnotes G32 Acknowledgments G35 G3 Global Powers of Retailing 2018 | STORES/January 2018 Retail trends: Transformative change, reinvigorated commerce It’s a transformative time in retail. The shopper is clearly in Building top-notch digital capabilities the driver’s seat, enabled by technology to remain constantly Retailers across the globe are rapidly adapting to the connected and more empowered than ever before to drive fact that, from the consumer perspective, shopping changes in shopping behavior. “Everywhere commerce” has is not about bricks versus clicks or one channel taken root, allowing consumers to shop however, wherever, and versus another. Instead, consumers are channel-agnostic. The whenever they want—whether in stores, online, by mobile, voice shopping journey and pre-shopping research is a fluid process activation or click-and-collect. with consumers bouncing between online and offline along the path to purchase. Across the retail industry, disruption of traditional business models has given way to unprecedented and transformative Just how much digital influences consumer spending is a real eye- change—change required online and offline to better serve opener. In the 2016 report The New Digital Divide, Deloitte found more demanding shoppers. Innovations and transformations that digital interactions influence 56 cents of every dollar spent are happening faster and at a greater magnitude than ever, in bricks-and-mortar stores,2 up from 36 cents just three years presenting challenges for retailers accustomed to balancing prior. 3 Furthermore, people who shop using different methods— conventional performance metrics like growth, profitability, and including online, mobile and visits to a physical store—spend space productivity. more than double those who only shop at bricks-and-mortar stores, according to Deloitte’s The Omnichannel Opportunity The standards are shifting, however, as some of the world’s study.4 nimblest and fastest-growing retailers—recognized industry disruptors like Amazon and JD.com—actively forego short-term This means retailers must adequately and holistically plan, profitability in their quest instead for customer acquisition, top- strategize, and execute across all channels, regardless of whether line expansion, and retail dominance. Established and entrenched the ultimate sale happens in-store or online. A seamless shopping retailers could be at risk of losing customers and market share to experience is no longer a nice to have, but an imperative. And these retail disruptors who are able to exploit organizational and it’s a key reason why retailers worldwide are heavily investing in operational agility. online and digital. In the past year, retail bankruptcies have been all too common. More than ever, the retail industry is rife with examples of Stores are closing as retail spending moves online at a meteoric companies building, buying, or partnering to attain much-needed pace, gets overturned by spending on services, and some e-commerce and last-mile capabilities. Most notably is Amazon’s retailers generally lose favor with consumers. In fact, the US rapid ascent up the Top 250 ranking from its debut at No. 186 in saw a record number of store closings in 2017, with 6,885 stores 2000 to No. 6 in this year’s report. The retail giant is bigger and already having shut their doors by 1 December.1 Among those more powerful than ever. It continues to enter new markets, rationalizing their store bases are Macy’s, J.C.Penney, Sears/Kmart expand product categories, and test new technologies and and a host of mall-based apparel specialists. Stores across the concepts, leaving a path of disruption and destruction in its wake. globe face a similar fate as retailers close unprofitable stores to instead focus on their most productive and promising locations. The rules of retailing indeed are being rewritten in this time of transformative change. Innovation, collaboration, consolidation, integration, and automation will be required to reinvigorate commerce, profoundly impacting the way retailers do business now, and in the future. G4 Global Powers of Retailing 2018 | STORES/January 2018 In what could be one of its biggest moves to date, Amazon gained which Auchan is a leading shareholder. French supermarket chain an instant bricks-and-mortar presence when it bought natural Casino has inked a deal with online retailer Ocado to leverage the supermarket Whole Foods Market last August. The deal gives latter’s technology platform to launch an e-commerce business Amazon access to more than 450 physical pickup points and fresh in France. In Spain, DIA is partnering with online discount retailer food “distribution centers” located throughout the US. The retailer MeQuedoUno to expand its e-commerce offer in electronics and also is preparing its internally developed checkout-free Amazon Go other household goods. convenience concept for prime time. A single store has been in test mode by company associates since early 2017. Meanwhile, since the Amazon/Whole Foods combination was announced, it seems not a day goes by in the US without another Combining bricks and clicks makes up for supermarket player aligning with third-party provider Instacart lost time on grocery home delivery. Instacart’s increasingly lengthy and impressive list of retail partners includes Kroger, Price Chopper, The rest of the retailing world is not about to sit idly Publix, Stop & Shop, Wegmans, and even hard discounter by and watch Amazon shoot up the retail ranks and Aldi. Instacart recently crossed north of the border, forging an steal market share. Many players that may have initially been on the e-commerce alliance with Canadian’s top grocer Loblaw. sidelines, failing to keep up with digital trends, are now making up for lost time in a big way. Interestingly, Amazon has been busy designing some partnerships of its own to try and solve the last-mile delivery conundrum. The A recent study finds that global grocery sales through e-commerce retail giant broadened its collaboration with UK grocer Morrison’s channels jumped 30 percent in the past year.5 Countries leading to bring one-hour grocery delivery to London-area shoppers. In the growth charge were China (+52%), South Korea (+41%), the the US, Amazon is pairing with several shoppable recipe sites, UK (+8%), France (+7%), and Japan and the US (both +5%). China is including Allrecipes, EatLove, and Serious Eats, to add buying and the world’s dominant e-commerce—and mobile—market.6 Two delivery services, typically through its Prime Now offer. The e-tailer of the top three fastest-growing retailers in 2016 are China-based also recently opened the “Amazon Smart Home Experience” inside e-commerce retailers Vipshop and JD.com. select Kohl’s department stores in Los Angeles and Chicago, including an area inside the store that accepts Amazon returns. The world’s largest retailer Walmart has made it clear that e-commerce is one of the company’s strategic pillars. Walmart is Creating unique and compelling in-store pumping billions in capital investment to introduce Grocery Online, experiences ramp up click-and-collect capabilities, and leverage its vast network of stores to marry online and offline assets and gain an edge over Physical retail stores are not going away; 90 percent of Amazon.7 The retail behemoth also has been on an acquisition worldwide retail sales are still done in physical stores.9 spree of late, buying the likes of Jet.com, ShoeBuy, Moosejaw, But to compete with the convenience and endless aisle assortment ModCloth, and Bonobos to quickly attain e-commerce capabilities offered online, meaningful customer experiences and brand in lieu of building from the ground up. engagement is crucial. Apple Stores and Nike Retail are held as the gold standard in this regard. Increasingly though, forging e-commerce partnerships, in which each party brings something unique to the table, is gaining traction. Other bricks-and-mortar retailers are realizing the importance of Walmart and JD.com formed a strategic alliance in June 2016, creating unique and curated merchandise offers, an exciting and positioning the world’s No. 1 retailer for growth in China. As part entertaining atmosphere, and concierge-like service levels beyond of the deal, Walmart sold its Yihaodian e-commerce business to what consumers can find online. What’s starting to happen inside JD.com and took a 5 percent stake in JD that has since grown to 10 grocery stores across the globe is a good example. percent.8 More recently, JD.com partnered with leading Thai retailer Central Group too, with plans to launch an online shopping site in Grocers are transitioning from providers of goods to purveyors of Thailand in 2018. services and solutions, with food, health, and wellness converging in a retail setting. A host of retailers already have added in- French grocer Auchan and Chinese e-commerce technology store health clinics and on-site nutritionists and dieticians.
Recommended publications
  • The Endgame in European Grocery
    THE ENDGAME IN EUROPEAN GROCERY EXPECT HALF AS MANY LARGE GROCERS IN EUROPE BY 2025 THE ENDGAME IN EUROPEAN GROCERY EXPECT HALF AS MANY LARGE GROCERS IN EUROPE BY 2025 Against a weak economic backdrop, old growth models based on store expansion, national consolidation, and diversification are no longer delivering the like-for-likes board members and investors want to see. As well as a saturated marketplace, there is increasing competition from discounters and newer online retailers like AmazonFresh. In response, we believe that the European grocery market will begin consolidating internationally so that, by 2025, the total number of large grocers in Europe will have halved. Weak demand, a decline of traditional growth engines, and the aggressive growth of specialist competitors such as discounters (Exhibit 1) will continue to drive the next ten years’ of change in European grocery. As the pressure mounts, expect to see more headlines about price wars, stock value erosion, races to form buying alliances, and even the occasional market exit. With this in mind, we think there are four questions grocers should be considering today to ensure a successful future, listed below and explained in more detail in the rest of the article: How can we deliver a step change in our approach to cost? 1 Cost leadership is becoming a necessity. How can asset productivity be increased? 2 Only business models with high levels of asset productivity will survive. What are our options to grow internationally? 3 Scale matters – and international growth is one of the few ways to drive scale. What more could we be doing to hold on to and build 4 customer relationships? With new competitors on the scene, increasing the ‘stickiness’ of customers is crucial.
    [Show full text]
  • Fuel Forecourt Retail Market
    Fuel Forecourt Retail Market Grow non-fuel Are you set to be the mobility offerings — both products and Capitalise on the value-added mobility mega services trends (EVs, AVs and MaaS)1 retailer of tomorrow? Continue to focus on fossil Innovative Our report on Fuel Forecourt Retail Market focusses In light of this, w e have imagined how forecourts w ill fuel in short run, concepts and on the future of forecourt retailing. In the follow ing look like in the future. We believe that the in-city but start to pivot strategic Continuously pages w e delve into how the trends today are petrol stations w hich have a location advantage, w ill tow ards partnerships contemporary evolve shaping forecourt retailing now and tomorrow . We become suited for convenience retailing; urban fuel business start by looking at the current state of the Global forecourts w ould become prominent transport Relentless focus on models Forecourt Retail Market, both in terms of geographic exchanges; and highw ay sites w ill cater to long customer size and the top players dominating this space. distance travellers. How ever the level and speed of Explore Enhance experience Innovation new such transformation w ill vary by economy, as operational Next, w e explore the trends that are re-shaping the for income evolutionary trends in fuel retailing observed in industry; these are centred around the increase in efficiency tomorrow streams developed markets are yet to fully shape-up in importance of the Retail proposition, Adjacent developing ones. Services and Mobility. As you go along, you w ill find examples of how leading organisations are investing Further, as the pace of disruption accelerates, fuel their time and resources, in technology and and forecourt retailers need to reimagine innovative concepts to become more future-ready.
    [Show full text]
  • Preventing Fraud and Deficit Through the Optimization of Health Insurance in Indonesia
    Sys Rev Pharm 2020;11(7):228-231 A multifaceted review journal in the field of pharmacy Preventing Fraud and Deficit Through The Optimization of Health Insurance In Indonesia Sri Sunarti1, MT Ghozali2, Fahni Haris3,4, Ferry Fadzlul Rahman1,4*, Rofi Aulia Rahman5, Ghozali1 1 Department of Public Health, Universitas Muhammadiyah Kalimantan Timur; Indonesia 2 School of Pharmacy, Universitas Muhammadiyah Yogyakarta; Indonesia 3School of Nursing, Universitas Muhammadiyah Yogyakarta; Indonesia 4Department Healthcare Administration Asia University; Taiwan 5Department of Financial and Economic Law, Asia University; Taiwan *Corresponding Author: Ferry Fadzlul Rahman, Email: [email protected] ABSTRACT BPJS Kesehatan (Indonesian Health Insurance System) has been experiencing Keywords: BPJS Kesehatan, Fraud and Deficit, Healthcare System, a severe problem for many years that BPJS Kesehatan has been suffering a Supervisory System huge deficit. That situation is getting worse and taking a negative impact on hospitals, medical practitioners, and patients itself. The more severe problem Correspondence: felt by a patient who needs special treatment and medication. Due to the Ferry Fadzlul Rahman deficit of the BPJS Kesehatan budget, some hospitals owe some money to the 1 Department of Public Health, Universitas Muhammadiyah Kalimantan pharmaceutical company to buy some medicines. However, they cannot buy Timur; Indonesia the medication because they have no budget. This study is to explain and Email: [email protected] compare with the National Health Insurance System in Taiwan to resolve the problems within BPJS Kesehatan in Indonesia, notably on the supervisory system between 2 (two) countries. The method used in this study is the Systematic Literature Review (SLR) method with qualitative approval from secondary data in approving, reviewing, evaluating, and research supporting all available research in 2015-2020.
    [Show full text]
  • Out of Sight: Modern Slavery in Pacific Supply Chains of Canned Tuna
    Out of Sight: Modern Slavery in Pacific Supply Chains of Canned Tuna A SURVEY & ANALYSIS OF COMPANY ACTION 02 Out of Sight: Modern Slavery in Pacific Supply Chains of Canned Tuna Table of Contents 03 Executive Summary 07 Company Evaluation 08 Company Survey 09 Context: Pacific Tuna Industry ▌ Fishing in the Pacific ▌ Drivers of Abuse ▌ Fishing Industry Practices ▌ Workforce Characteristics ▌ Legal Standards in the Fishing Industry ▌ Multi-Stakeholder Initiatives 15 Survey Findings ▌ Policies & Public Human Rights Commitments ▌ Due Diligence & Supply Chain Awareness ▌ Practical Actions to Address Modern Slavery in Supply Chains ▌ Remediation, Grievance Mechanisms & Reported Complaints ▌ Overcoming Obstacles ▌ External Stakeholder Engagement 23 Conclusion 25 Appendix: Company Responses & Non-Responses Out of Sight: Modern Slavery in Pacific Supply Chains of Canned Tuna 03 Executive Summary The Pacific is home to the world’s largest tuna fisheries, providing almost 60% of the world’s tuna catch, worth US$22 billion (out of US$42 billion globally) in 2016, and demand is growing. Yet reports of severe human rights abuses, including forced labour, slavery, human trafficking and child labour, are rife. Modern slavery is endemic in this industry, where the tuna supply chain is remote, complex and opaque. Few stories leak out about conditions but, when they do, they are often horrendous: with migrant workers bought and sold as unpaid slaves, and tossed overboard if they complain or get injured. In this context of abuse, the buyers – canned tuna companies and supermarkets – have an obligation to ensure their supply chains are not infested with slavery. Increasingly, they also have legal obligations under UK and Australian modern slavery laws.
    [Show full text]
  • GAIN Report Global Agriculture Information Network
    Foreign Agricultural Service GAIN Report Global Agriculture Information Network Required Report - public distribution Date: 11/19/2001 GAIN Report #ID1031 Indonesia Retail Food Sector Report 2001 Approved by: Dennis Voboril U.S. ATO Jakarta Prepared by: Kussusilowati & Fahwani Y.R. Report Highlights: The modern retail food business in Indonesia continues to grow rapidly despite the ongoing economic crisis and political uncertainty. Since the onset of the current crisis in 1997, there has been a 41% increase in the number of supermarkets and a 66% increase in minimarkets. Best market prospects for U.S. suppliers include fresh fruit, canned food, frozen french fries, potato chips, sauces & seasonings, salad dressing, snack food, beans, and pastas. Niche markets exist for frozen pizzas, frozen meat & poultry, delicatessen items, breakfast cereals, non-alcoholic beverages, tomato paste, cream cheese, confectionary, and biscuits. Includes PSD changes: No Includes Trade Matrix: No Unscheduled Report Jakarta ATO [ID2], ID GAIN Report #ID1031 Page 1 of 13 RETAIL FOOD SECTOR REPORT: INDONESIA SECTION I. MARKET SUMMARY Retail System The traditional sector still dominates the retail food business in Indonesia, but the data shown below indicates a growing trend towards the supermarket and other modern retail outlets. In 2001, an A.C. Nielsen study indicates that there were 1,903,602 retail food outlets in Indonesia. Of these outlets, 814 were supermarkets (up 41 percent since Retail Outlet Share of Market 1997), 3,051 were mini-markets (up 99 percent) 59,055 were large provision shops (no change), Warung 599,489 were small provision shops (up 66 (65.2%) Traditional Small percent), and 1,241,193 were warung provision Traditional Large shops (up 18 percent).1 Other (Supermkt & Minimkt) (0.2%) (3.1%) It is currently estimated by trade sources that 25 percent of retail food sales in Jakarta take place in supermarkets and other modern retail outlets.
    [Show full text]
  • All at Sea an EVALUATION of COMPANY EFFORTS to ADDRESS MODERN SLAVERY in PACIFIC SUPPLY CHAINS of CANNED TUNA
    All at sea AN EVALUATION OF COMPANY EFFORTS TO ADDRESS MODERN SLAVERY IN PACIFIC SUPPLY CHAINS OF CANNED TUNA MARCH 2021 All at sea March 2021 2 Contents Executive summary �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3 Key findings � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 5 Company evaluation� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 6 Our investigation� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 7 Company surveys � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 7 Fisher engagement �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 8 Context �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 9 Abuses persist in the Pacific tuna industry �� � � � � � � � � � � � � � � � 9 COVID-19 impacts �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 11 Fisher testimonies �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �13 2021 survey findings � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �15 Policies & public human rights commitments �� � � � � � � � � � � 15 Due diligence, supply chain & risk awareness � � � � � � � � � � � � 16 Practical actions to address modern slavery� � � � � � � � � � � � � � 19 Company remediation & grievance
    [Show full text]
  • Global Powers of Retailing 2019 Contents
    Global Powers of Retailing 2019 Contents Top 250 quick statistics 4 Global economic outlook 5 Top 10 highlights 8 Global Powers of Retailing Top 250 11 Geographic analysis 19 Product sector analysis 23 New entrants 27 Fastest 50 30 Study methodology and data sources 35 Endnotes 39 Contacts 41 Welcome to the 22nd edition of Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for FY2017 (fiscal years ended through June 2018), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook, looks at the 50 fastest-growing retailers, and highlights new entrants to the Top 250. Top 250 quick statistics, FY2017 Minimum retail US$4.53 US$18.1 revenue required to be trillion billion among Top 250 Aggregate Average size US$3.7 retail revenue of Top 250 of Top 250 (retail revenue) billion 5-year retail Composite 5.7% revenue growth net profit margin 5.0% Composite (CAGR from Composite year-over-year retail FY2012-201 2.3% return on assets revenue growth 3.3% Top 250 retailers with foreign 23.6% 10 operations Share of Top 250 Average number aggregate retail revenue of countries where 65.6% from foreign companies have operations retail operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2019. Analysis of financial performance and operations for fiscal years ended through June 2018 using company annual reports, Supermarket News, Forbes America’s largest private companies and other sources. 4 Global economic outlook 5 Global Powers of Retailing 2019 | Global economic outlook The global economy is currently at a turning point.
    [Show full text]
  • Global Powers of Retailing Top 250, FY2015
    Global Powers of Retailing 2017 | Top 250 Global Powers of Retailing Top 250, FY2015 FY2015 FY2015 Parent Parent FY2010- FY2015 FY2015 company/ company/ # 2015 Retail Retail group group Countries Retail revenue Country revenue revenue¹ net income¹ of revenue rank Company of origin (US$M) (US$M) (US$M) Dominant operational format operation CAGR² 1 Wal-Mart Stores, Inc. US 482,130 482,130 15,080 Hypermarket/Supercenter/Superstore 30 2.7% 2 Costco Wholesale Corporation US 116,199 116,199 2,409 Cash & Carry/Warehouse Club 10 8.3% 3 The Kroger Co. US 109,830 109,830 2,049 Supermarket 1 6.0% 4 Schwarz Unternehmenstreuhand KG Germany 94,448 94,448 n/a Discount Store 26 7.4% 5 Walgreens Boots Alliance, Inc. US 89,631 103,444** 4,279 Drug Store/Pharmacy 10 5.9% (formerly Walgreen Co.) 6 The Home Depot, Inc. US 88,519 88,519 7,009 Home Improvement 4 5.4% 7 Carrefour S.A. France 84,856 87,593 1,247 Hypermarket/Supercenter/Superstore 35 -3.1% 8 Aldi Einkauf GmbH & Co. oHG Germany 82,164e 82,164e n/a Discount Store 17 8.0% 9 Tesco PLC UK 81,019 82,466 535 Hypermarket/Supercenter/Superstore 10 -2.3% 10 Amazon.com, Inc. US 79,268 107,006 596 Non-Store 14 20.8% 11 Target Corporation US 73,785 73,785 3,363 Discount Department Store 1 2.3% 12 CVS Health Corporation US 72,007 153,290 5,239 Drug Store/Pharmacy 3 4.7% 13 Metro Ag Germany 68,066** 68,066** 821 Cash & Carry/Warehouse Club 31 -2.5% 14 Aeon Co., Ltd.
    [Show full text]
  • Romania: Retail Food Sector
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 2/6/2017 GAIN Report Number: RO1703 Romania Post: Bucharest Retail Food Sector Report Categories: Retail Foods Approved By: Russ Nicely Prepared By: Ioana Stoenescu Report Highlights: Over the last three years, Romania has seen strong positive growth, with encouraging developments in the economic and policy areas, becoming one of the most attractive markets in Southeastern Europe. After just a few notable events during 2015, the Romanian retail market experienced remarkable growth in 2016 reaching 2,000 stores operated by international retailers. As modern retail systems grow, exports of U.S. processed and high value foods to Romania will continue to expand. In 2015 U.S. agri- food exports to Romania increased by 45 percent from U.S. $96 million to U.S. $139 million over the last year. Romania's food sector is expected to be among the regional best performers during the next five years, with promising market prospects for U.S. exporters such as tree nuts, distilled spirits and wines. General Information: I. MARKET SUMMARY General Information Romania has been a member of the EU since 2007 and a member of NATO since 2004. Within the 28 EU countries, Romania has the seventh largest population, with 19.5 million inhabitants. Romania is presently a market with outstanding potential, a strategic location, and an increasingly solid business climate. Although there is the need for an exporter to evaluate the market in order to assess the business opportunities, exporting to Romania is steadily becoming less challenging than in previous years in terms of the predictability of the business environment.
    [Show full text]
  • GS1 Product Image Specification Standard
    GS1 Product Image Specification Standard establishes rules for the storage of digital images associated to products and provides details on all aspects of digital imaging storage. Release 3.4.1, Ratified, Mar 2020 GS1 Product Image Specification Standard Document Summary Document Item Current Value Document Name GS1 Product Image Specification Standard Document Date Mar 2020 Document Version 3.4 Document Issue 1 Document Status Ratified Document Description establishes rules for the storage of digital images associated to products and provides details on all aspects of digital imaging storage. Contributors Name Organisation Roland Bartnik Procter & Gamble Dan Bauer 3M Dana Benson GS1 US Dirk Beyl Kaufland Stiftung & Co Okka Bosshammer Procter & Gamble Pierre Brault A. Lassonde Scott Brown 1WorldSync Randy Burd Kwikee, an sgsco company David Buckley GS1 Global Office Nancy Call Lowes Kim Chalk McCormick Canada Jean-Luc Champion GS1 Global Office James Chronowski GS1 US Dan Clark, project editor GS1 Canada/GS1 Global Office Ricardo Cerceau Saphety Level SA Matthew Deeter Deeterworks Arne Dicks GS1 Germany Colleen Dooley Lawtons Nordine Eddaoudi GS1 France Bryan Fucetola GS1 US Jean-Christophe Gilbert GS1 France Rick Gill Home Depot Eric Ginsburg Sazerac Josee Gladu GS1 Canada Nicole Golestani GS1 Canada Neil Gray GS1 UK Stephen Jefferies Inovis Release 3.4.1, Ratified, Mar 2020 © 2020 GS1 AISBL Page 2 of 43 GS1 Product Image Specification Standard Name Organisation Grant Kille Agentrics Steffen Kujus Rewe Group Bruce Laffee Gladson Rita Laur GS1 Canada Melanie Ligons GXS Wendy Martin Boots Shehroz Malik GS1 US Sally McKinley GS1 US Justin Middleton GS1 Australia Steve Moris Scales Advertising Olivier Mouton Carrefour Reinier Prenger GS1 Nederland Glenn Pride 1Sync Carolin Prinz (co-chair) GS1 Germany Christian Przybilla, GS1 Germany Jane Rosati GS1 Canada Sophie-Mareen Scholz Dr.
    [Show full text]
  • European Retail Trends Retailing in Europe and Country Profiles
    PRESENTATION FOR PLMA‘s Roundhouse Conference European Retail Trends Retailing in Europe and Country Profiles Nice, 26 February 2015 David Gray Niklas Reinecke 1planetretail.net Retail Analyst Retail Analyst Ageing Society, Single Households, Individualisation, Urbanisation, Mobilisation, Transparency in Production, Loss of Loyalty, Online Shopping, Two Nations Effect, Lifestyle, Situational Usage, Economisation, Cocooning, Smart and Hybrid Shopping, Sustainability, Technological Progress, Energy Saving, Regional Sourcing, Faster Innovation Cycles, Renovation Cycles, Rise of Independent Shopkeepers, Proximity Retailing, Energy Costs, Rising Food Prices, Direct-to-Consumer, Demand for Protection, Verticalisation, Cartel Control, Oligopolisation, Discounting, Multichannel Shopping, Event Shopping, Foodservice, Complexity! Europe from a Macro Perspective Europe from a Macro Perspective - Share of Modern Food Retail Format Sales A few markets in CEE see very high levels of modern food retail similar to Western European markets. Europe: 2014 (%) 4 Source: Planet Retail. Europe from a Macro Perspective – GDP Real Growth Economic recovery is not universal. Markets are in different stages. Europe: GDP Real Growth 2014 (%) +2.1% +1.8% Finland -0.2% Sweden Norway +1.2% +2.7% +0.2% +3.0% Estonia +1.5% Russia + % Latvia 3.6 Denmark +3.2% Lithuania +1.0.% +0.6% +3.2% Belarus Ireland Netherlands +1.4% United +1.0% +2.5% +8.9% Kingdom Poland +2.4% Belgium Germany Czech Rep +2.8% Ukraine +1,2% +1.1% Slovakia +2.4% +0.4% Austria Hungary France Switzerland Slovenia +0.7% Romania Moldova +5.0% Croatia Italy Serbia+3.4% +1.4% -1.1% Bosnia & -0.8% Herzegovina +3.2% -0.2% -0.5% Bulgaria +4.5% +1.3% +2.1% -6.5% +1.0% Macedonia Georgia Spain Albania Armenia Portugal +0.6% Azerbaijan Greece +0.7% Cyprus 5 Source: Planet Retail.
    [Show full text]
  • DIXY Group Investor Presentation
    DIXY Group Investor Presentation Disclaimer THESE MATERIALS DO NOT CONSTITUTE A PROSPECTUS OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, OR ANY OFFER TO UNDERWRITE OR OTHERWISE ACQUIRE ANY EQUITY OR OTHER SECURITIES OF THE COMPANY, NOR SHALL THEY OR ANY PART OF THEM NOR THE FACT OF THEIR DISTRIBUTION OR COMMUNICATION FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY CONTRACT, COMMITMENT OR INVESTMENT DECISION IN RELATION THERETO, NOR DOES IT CONSTITUTE A RECOMMENDATION REGARDING ANY SECURITIES OF THE COMPANY. NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, IS GIVEN AS TO THE ACCURACY OF THE INFORMATION OR OPINIONS CONTAINED IN THESEMATERIALS AND NO LIABILITY IS ACCEPTED FOR ANY SUCH INFORMATION OR OPINIONS BY THE COMPANY OR ANY OF ITS AFFILIATES, DIRECTORS, MEMBERS, OFFICERS, EMPLOYEES, AGENTS OR ADVISERS. THESE MATERIALS ARE NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR IN ANY OTHER JURISDICTION. THE SECURITIES OF THE COMPANY HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR PURSUANT TO AN EXEMPTION FROM (OR IN A TRANSACTION NOT SUBJECT TO) THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFER OF SECURITIES OF THE COMPANY IN AUSTRALIA, CANADA OR JAPAN. THESE MATERIALS MUST NOT BE SENT, TRANSMITTED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, OR JAPAN OR TO ANY SECURITIES ANALYST OR OTHER PERSON IN ANY OF THOSE JURISDICTIONS.
    [Show full text]